Questions aplenty should roil grain futures this week, as a final blast of hot, dry weather bakes much of the Midwest today. Traders expect USDA to cut its forecast of corn and soybean production in Thursday's report, the average guess by analysts doesn't see as big a reduction for corn as with beans. Any reaction could be tempered by the debate over Syria, with Wall Street also wondering what the Federal Reserve will do next week after a disappointing jobs report Friday.
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Bryce Knorr, Senior Editor, Farm Futures, first joined Farm Progress Cos. in 1987. In addition to analyzing and writing about the commodity markets, he is a former future introducing broker and is a registered Commodity Trading Advisor. He conducts Farm Futures exclusive surveys on acreage, production and management issues and is one of the analysts regularly contracted by business wire services before major USDA crop reports. Besides the Morning Market Review on FarmFutures.com, he writes weekly reviews for key commodities and crop inputs. A journalist with 38 years of experience, he received the Master Writers Award from the American Agricultural Editors Association.